PACDC’s activities have culminated in $180 million to date in new resources for affordable housing and neighborhood economic development.
Housing Alliance of Pennsylvania White Paper Focuses Gubernatorial Candidates on Housing Issues
The Housing Alliance released Homes Within Reach Gubernatorial White Paper 2010 on August 5 as a resource for Pennsylvania's gubernatorial candidates to use as they develop their policy agendas. The document examines the housing, homelessness and community development programs managed by the Commonwealth and evaluates what's working, what's not working and what needs are not being met. It makes specific policy and program recommendations to help the state meet community needs and create a fairer and more balanced housing market.
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The Philadelphia Housing Trust Fund has raised nearly $80 million since September 2005 to expand housing opportunities for more than 6,000 Philadelphia families.
The CDC Tax Credit Program has fostered 35 partnerships between businesses and non-profits that is providing $60 million in new funding for CDC neighborhood economic development.
PACDC’s Member Services programming builds capacity of CDCs through technical assistance and training, sharing of best practices, networking, and promotion of the local CDC industry.
The local CDC industry generated $3.3 billion in economic impact in Philadelphia during the past 20 years.
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